Altria’s Dividend Appeal Ahead of Key September Date
Altria Group (MO 0.47%), the tobacco giant behind Marlboro and Copenhagen, offers investors a rare combination of high yield and dividend growth. The stock’s ex-dividend date on September 15 presents a near-term catalyst for income seekers.
With a 6.16% yield—five times the S&P 500 average—and 56 consecutive years of dividend increases, Altria exemplifies defensive positioning in volatile markets. The upcoming $1.06 quarterly payout reflects management’s commitment to shareholder returns despite regulatory headwinds.
Dividend Kings like Altria demonstrate how mature industries can outperform through disciplined capital allocation. While ESG concerns deter some investors, the stock’s 20% total return over the past decade underscores its staying power.